General
Corporatization of OFB and ‘not privatization’ repeat ‘not privatization’ of OFB was announced with emphasis by the Finance Minister as one of the big bang reforms being undertaken in the Defense Sector as part of the Atma Nirbharta campaign. I welcome it whole heartedly. It is more than time for this reform to happen. However in the past few days the social media is flooded with views and suggested SOPs to corporatize the OFB. One look at the SOPs, suggestions and arguments which are floating suggests that these are attempts by vested interests to hijack the agenda. Some are apparently from within to maintain status quo to live happily ever after. Some to craft a new system to the insidious advantage of the chosen few. That is when I thought that I should throw in my hat in the ring and weigh in my opinion despite all that is happening in China and about the Virus. For a change they can wait. To my mind there are some serious issues which merit attention. These issues should be resolved by the corporatization process.Read More…
